I’m happy to say that we are starting to see Navient refund checks coming in! A client today received a check for $13,795 which represents payments he had made on a Navient private student loan after June 30, 2021. The remaining balance on these loans were forgiven per the Navient…
We’ve made the difficult decision to not take any further clients who have requested assistance in filing Borrower Defense to Repayment applications. Importantly, it is NOT because the program itself won’t result in possible full forgiveness, we still expect that for many borrowers, but it is taking a longgg time. …
Our in person student loan presentation went well this week at the annual Alexander L. Paskay Memorial Bankruptcy Seminar – hopefully, our efforts to spread the word about student loan debt relief is getting to the masses! The absolute easiest way to check for updates is our Student Loan Sidebar…
Whoo hoo, just in time to save one of our Chapter 13s with crazy high student loan balances and an ED POC that was gonna torpedo us. Now we are going to be able to file our adversary to hopefully drastically reduce the private student debt and make our client’s…
After being cancelled for last couple years, the Alexander L. Paskay Bankruptcy Seminar is a GO for March 19-21, 2022 at the Tampa Marriott Water Street in Tampa. I am honored to have been asked to present on a panel regarding student loan strategies, tax issues and dealing with the…
$1.8 Billion Navient Settlement — Are You Included? We’re starting 2022 off with good news. There is a $1.8 billion student loan settlement between Navient (a loan servicer) and 39 different state attorney generals. In the settlement, Navient agreed to “refrain from informing private loan borrowers that their loans…
Many folks are receiving payment notices for federal loans even before February when the Great Restart is anticipated. Why is this? A few months ago, Congress finally addressed the older Federal Family Education Loans (FFEL or FFELP loans), and in the expansion to the CARES Act, ensured that all defaulted…
Here’s a link to the video. Please subscribe so we can continue to offer this information free to everyone! Thank you! We are happy to share our thoughts on the new Public Service Loan Forgiveness Waiver announced last month. It truly will fix most all of the problems…
Well this was a surprise! Polk State College was in the news today after having given a student loan write off press release. Students enrolled at this college between March 1, 2020 and June 30, 2021 are eligible for debt cancellation. This is separate from all the federal programs that…
We’ve been getting more questions lately from folks who have taken out U.S. loans (both federal and private) but now may live or work overseas. Saudia Arabia today, someone from Turkey last week. We can certainly advise these borrowers what action they can take under the new Public Service rules,…